TMBA 634: 'Downside Protection' for Investing in Bootstrapping Businesses

small seeds Co-founder Rob Waring join in and Share insights on why self-reliant businesses, especially software-as-a-service (SaaS), are increasingly popular with investors, in part because of the “downside protection” they offer. They also discuss the pros and cons of serving a “two-sided market” and why Rob recently updated his “stepped approach” to starting a business:

“One thing that has changed is that there are more opportunities to do ‘first step’ businesses that generate recurring revenue from the start, like Shopify add-ons. If there’s already a market, it requires a lot of complexity to leave your The plate…it allows you to build the business and then learn other things as you go.”

See full transcript below

Listen to this week’s show and learn:

Reasons why we don’t share more DJ updates on the show (02:55)
things to consider. Building a community for your business (10:15)
Why “Ideation” is the Most Important Thing to Consider When Creating a Community (19:05)
The complex experience of growing teams and team communication[26:46]

Mentioned in the episode:

Before Export – Our New Book
cooperate with us
dynamite ring
Dynamite work
Post remote work
Dynamite Deals
Tropical MBA on YouTube
Dynamite Jobs – Remote Jobs Sales Page
Rob Waring
Micro conference
drop
small seeds
Startups for the rest of us
Start small, keep small
stack overflow
Joel Spolski
Jeff Atwood
Einar Walsett
Dave Rodenburg
Jordan Gale
Jason Calacanis
Sam Parr
Rand Fishkin
indie hacker
Shopify
Bootstrapped Ladder Method
Heroku
Enwato
Udimi
squad actor
base camp
Imperial Fins
static light
AppSumo
Moz
my first million podcast

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TMBA420: No epiphany required
TMBA554: Healthy Balance
TMBA557 : climbing stairs

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